Rayonier Advanced Materials Inc Could Decline a Lot According to The Today’s Call Option Activity

 Rayonier Advanced Materials Inc Could Decline a Lot According to The Today's Call Option Activity

In today’s session Rayonier Advanced Materials Inc (RYAM) recorded an unusually high (89) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the February, 2017 put, expecting serious RYAM decrease. With 89 contracts traded and 5544 open interest for the Feb, 17 contract, it seems this is a quite bearish bet. The option with symbol: RYAM170217P00010000 closed last at: $0.35 or 0% . About 29,263 shares traded hands. Rayonier Advanced Materials Inc (NYSE:RYAM) has risen 26.69% since April 26, 2016 and is uptrending. It has outperformed by 21.43% the S&P500.

Analysts await Rayonier Advanced Materials Inc (NYSE:RYAM) to report earnings on February, 6. They expect $0.18 earnings per share, down 43.75% or $0.14 from last year’s $0.32 per share. RYAM’s profit will be $7.62 million for 19.18 P/E if the $0.18 EPS becomes a reality. After $0.44 actual earnings per share reported by Rayonier Advanced Materials Inc for the previous quarter, Wall Street now forecasts -59.09% negative EPS growth.

Rayonier Advanced Materials Inc (NYSE:RYAM) Ratings Coverage

Out of 3 analysts covering Rayonier Advanced Materials Inc (NYSE:RYAM), 0 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 0 are positive. Rayonier Advanced Materials Inc has been the topic of 8 analyst reports since August 21, 2015 according to StockzIntelligence Inc. RBC Capital Markets downgraded the shares of RYAM in a report on Monday, April 25 to “Underperform” rating. RBC Capital Markets upgraded the stock to “Sector Perform” rating in Tuesday, September 13 report. The firm earned “Outperform” rating on Friday, September 4 by RBC Capital Markets. The stock of Rayonier Advanced Materials Inc (NYSE:RYAM) earned “Underperform” rating by RBC Capital Markets on Friday, December 4. The stock of Rayonier Advanced Materials Inc (NYSE:RYAM) has “Sector Perform” rating given on Friday, October 30 by RBC Capital Markets. As per Wednesday, February 3, the company rating was maintained by RBC Capital Markets. The stock has “Market Perform” rating given by Citigroup on Friday, August 21. The rating was upgraded by Atlantic Securities to “Hold” on Wednesday, August 10.

According to Zacks Investment Research, “Rayonier Advanced Materials Inc. operates as a global supplier of cellulose specialties products, a natural polymer for the chemical industry. Its products include cellulose specialties primarily used in dissolving chemical applications; commodity viscose used in the manufacture of textiles for clothing and other fabrics, and in non-woven applications; absorbent materials comprising fibers for absorbent hygiene products and other products. Rayonier’s products are used in a wide range of industrial and consumer products such as filters, cosmetics and pharmaceuticals. The Company’s production facilities are located primarily in Jesup, Georgia, and Fernandina Beach, Florida. Rayonier Advanced Materials Inc. is headquartered in Jacksonville, Florida.”

Rayonier Advanced Materials Inc. is engaged in producing cellulose specialties. The company has a market cap of $584.74 million. The Company’s product lines include cellulose specialties and commodity products. It has a 8.35 P/E ratio. These products are sold throughout the world to companies for use in various industrial applications and to produce a range of products, including cigarette filters, foods, pharmaceuticals, textiles and electronics.

RYAM Company Profile

Rayonier Advanced Materials Inc. incorporated on January 16, 2014, is engaged in producing cellulose specialties. The Company’s product lines include cellulose specialties and commodity products. These products are sold throughout the world to companies for use in various industrial applications and to produce a range of products, including cigarette filters, foods, pharmaceuticals, textiles and electronics. The Firm also produces commodity products, primarily commodity viscose and absorbent materials. The Firm produces various forms of cellulose specialties products, such as cellulose acetate and high-purity cellulose ethers, and is a supplier of these products. The Company’s production facilities in Jesup, Georgia and Fernandina Beach, Florida, have a combined annual cellulose specialties production capacity of approximately 485,000 metric tons of cellulose specialties and over 245,000 metric tons to commodity products. The Jesup plant produces cellulose specialties or commodity products using both hardwood and softwood in a pre-hydrolyzed kraft, or high potential of hydrogen (pH), cooking process. The Fernandina Beach plant produces cellulose specialties or commodity products using softwood in a sulfite, or low pH, cooking process.

More notable recent Rayonier Advanced Materials Inc (NYSE:RYAM) news were published by: Bizjournals.com which released: “Rayonier Advanced Materials pulls through in first year on its own” on February 01, 2016, also Streetinsider.com with their article: “S&P Lifts Outlook on Rayonier Advanced Materials (RYAM) to Positive; Ratings …” published on August 04, 2016, Investorplace.com published: “Trade of the Day: Rayonier Advanced Materials Inc (NYSE:RYAM)” on March 29, 2016. More interesting news about Rayonier Advanced Materials Inc (NYSE:RYAM) were released by: Fool.com and their article: “Why Shares of Rayonier Advanced Materials Inc Plunged 55% Today” published on August 19, 2015 as well as Prnewswire.com‘s news article titled: “How These Chemicals Stocks are Faring? — Rayonier Advanced Materials, LSB …” with publication date: October 17, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment